Foreign exchange reserves managed by SBP see a boost of $9 million, now standing at $10.21 billion
The State Bank of Pakistan (SBP) recently saw a boost in its foreign exchange reserves, bumping them up by a solid $9 million, hitting an impressive $10.21 billion as of April 25, 2025. This recent uptick comes after a rather challenging week, with a hefty loss of $367 million that drove reserves to a seven-month low[1][3][5]. Curious about the cause for this slight upswing? Well, the SBP hasn't spilled the beans just yet[3][4].
Let's take a quick peek at the country's overall liquid foreign reserves – they stood tall at a whopping $15.25 billion during the same period. Meanwhile, commercial banks pitched in with a hefty $5.04 billion[1][4][5]. Although this growth may seem insignificant, it's a breathe of fresh air after the previous slide[1][3]. But, it's important to note that this positive shift hasn't brought any long-term comfort or shed light on the underlying factors causing these fluctuations[1][3]. Keep your fingers crossed for more positive trends as we sail through the economic murk!
The increase in SBP's foreign exchange reserves edged up to $10.21 billion in April 2025, representing a $9 million boost since the previous decrease of $367 million. Despite current reserves standing at $15.25 billion when accounting for the country's overall liquid foreign reserves and commercial banks' contributions, the banking-and-insurance industry still remains uncertain about the underlying reasons behind these reserves' fluctuations. The State Bank of Pakistan has yet to provide detailed information regarding the cause of the recent upswing in reserves.
